Housing Finance Bank has reported impressive financial results for the year ended December 31, 2025, posting profit of 20% an increase of shs 85.4 billion from Shs 71.1 billion in 2024.
Housing Finance Bank (HFB) is a leading Ugandan commercial bank, established in 1967, specializing in mortgage finance, property development, and commercial banking services. Majority-owned by the National Social Security Fund (50%) and the government (49.18%), it serves customers through 21 branches and digital platforms.
According to the report total assets grew by 15% to Shs 2.70 trillion, and customer deposits rose by 14% to Ug. Shs 1.95 trillion, reflecting ongoing trust and confidence in the institution.
Net loans and advances also saw a significant increase, climbing by 11% to Ug. Shs 1.20 trillion. Josephine N. Mukumbya, Chairperson of the Board attributed
“This growth was driven by sustained financing efforts to households, enterprises, and key sectors vital to the economy. The results highlight the bank’s disciplined execution of its strategic priorities, continued investment in innovation, and unwavering commitment to financial inclusion and sustainable development,”she stated.
Mukumbya noted that the performance underscores strong governance and strategic discipline. She expressed pride in the resilience of the bank’s business model and its dedication to fostering a sustainable future.
She however said that the bank remains committed to responsible growth within a robust governance and risk management framework, aligning with its High Impact Goals.
She also reaffirmed the bank’s focus on financial inclusion, affordable housing, enterprise development, and sustainable finance as foundational pillars of long-term value creation.
Managing Director Michael K. Mugabi pointed out that the 2025 performance was driven by portfolio expansion, enhanced operational efficiency, and deeper customer engagement. Mugabi stressed that the bank’s solutions are increasingly relevant in supporting individuals, households, and businesses across Uganda.
The bank’s strategic plan for 2023–2027, along with its High Impact Goals, continued to guide its impactful initiatives. In 2025, Housing Finance Bank reached over 8 million Ugandans through digital lending channels, supported more than 2,500 households in accessing affordable housing, financed over 4,200 enterprises, and disbursed funds to over 2,000 SACCOs under the Parish Development Model.
